Why pick Odoo for managing financials for a non-profit foundation
I've been volunteering on the IT side for a research foundation in Spain, and I've observed the struggles that non-profits have in terms of the paperwork involved in managing grants, assigning hours to projects, creating reports and justifications etc. Not knowing there was anything better out there, we started with an external firm that did our accounts using A3 from Wolters Kluwer. We quickly ran into limitations, and ended up creating a jungle of Excel spreadsheets to record the necessary information for reporting on our grants. After two years of hell, I started thinking there might be a better solution. My criteria were the following: Cloud-first: The interface should be web-based and not require any install. Ownership: The foundation should own the system, and the accountant/auditors should have accounts to access the system. Open-source and ownership of data: Companies come and go, and what happens if the company you rely on for everything goes under or has a cyber att...